InvestorsHub Logo
Followers 13
Posts 1425
Boards Moderated 0
Alias Born 06/17/2009

Re: Bfife post# 98929

Tuesday, 08/24/2010 8:37:46 PM

Tuesday, August 24, 2010 8:37:46 PM

Post# of 111729
The installments from Desert Valley Farms didn't show up as revenue in the Q2 filing. It was listed as an asset "Death Valley Project Development Costs" Why would Biocen's installment be revenue. What is BEHL selling them? At this point Biocen isn't buying PBR's they are buying algae produced using Desert Valley Farms LLC's PBR's

i'm not sure what harvesting has got much to do with revenues. they are in the business of selling, setting up, and maintaining pbr's, not selling algae.



Harvesting and Extraction has EVERYTHING to do Revenues as it relates to the BioCen contract. Biocen is buying algae not PBR's. Unfortunately it doesn't appear that BEHL is ready for commercial harvest and extraction. (remember part of the BioCen deal is construction of an extraction facility)

Behl is growing the algae for Desert Valley Farms to sell to BioCen and an unnamed unknown 6 million dollar contract for omega-3.

That is how I understand it. I'm open to a different understanding if you can provide some evidence.


Looks Like a Big Pile to me.